subject: List of Top Banks in the Philippines [print this page] List of Top Banks in the Philippines List of Top Banks in the Philippines
In the Philippines, there are various banks all over the country which operates locally and internationally. In order to pick a reliable bank, you should learn which bank is the receiver of awards and citations from local and foreign organizations. The idea is that if a bank has many awards it is a good bank to deal with.
Several of the best banks in the Philippines are given below which received recognitions from an international organization. Choosing a bank for savings account is not easy so in this post you will know some of the best banks in the country that were cited by some institutions.
In the Philippines, there are few banks recognized last June 2010 by Finance Asia. It is a popular finance and business organization in Asia and the Pacific. It is a foremost publication and magazine that cites excellent banks in their categories.
This year of 2010, Finance Asia conducted an inquiry to learn which are the best banks in the Philippines for several categories. Finance Asia awarded Banco de Oro Unibank Inc. (BDO) as the most excellent local bank and Bank of the Philippine Islands (BPI) as the best cash management bank in the Philippines.
Finance Asia also recognized BPI as the best trade finance bank while BDO was cited as the first-rate foreign exchange bank in the Philippines. The survey was made from June 1, 2009 to May 17, 2010.
A subsidiary of BDO, BDO Capital, meanwhile, received three recognitions, specifically, most excellent equity house, best bond house and foremost investment bank in the Philippines.
UBS or Union Bank of Switzerland was awarded as the first-rate foreign investment bank in the Philippines while CITI was named as the best foreign commercial bank.
The most excellent banks in the Philippines are those ones that are good in customer service, provides constant good and improving products for its clients and has been awarded by local and global institutions. In your opinion, which do you think are the best banks in the Philippines?
